Possession and discounting behavior

Author/s: 

Robert Slonim

,

James Carlson

,

Eric P. Bettinger

Year of Publication: 
2007

Subjects chose when they could first use financial rewards between choices 2 months apart. We manipulated the early reward date and whether participants took immediate possession. Quasi-hyperbolic discounting is rejected in favor of hyperbolic discounting without but not with possession.

Primary Research Area:

Topic Areas:

APA Citation

Slonim, R., Carlson, J., & Bettinger, E.P. (2007). Possession and discounting behavior.